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Salesforce.com (CRM) is up 2.8%, joining Taleo (TLEO) and NetSuite (N) in rising premarket in...

  • Monday, December 5, 2011, 8:29 AM ET
    Salesforce.com (CRM) is up 2.8%, joining Taleo (TLEO) and NetSuite (N) in rising premarket in the wake of SAP/SFSF, even though its size (current market cap of $16.3B) makes it tougher for a would-be acquirer to swallow. Also higher: ULTI +1.6%. LPSN +3%. Other names haven't yet seen premarket activity, but could move once markets open.
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    That's the problem with shorting something like CRM. If a greater fool with a lot of excess capital decides to do something stupid, you could wind up with serious losses.
    5 Dec 2011, 08:36 AM Reply Like
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